Posted October 27, 2015 by admin in Mergers-Acquisitions
 
 

Sunquest Announces Roper Technologies’ Acquisition of CliniSys and Atlas Medical

Sisu Healthcare IT Solutions Wins Contract with Redwood Area Hospital
Sisu Healthcare IT Solutions Wins Contract with Redwood Area Hospital

Sunquest Information Systems Inc. today announced that its parent company, Roper Technologies Inc. ROP, +3.42% has entered into definitive agreements to acquire both CliniSys Group Ltd., one of the largest European suppliers of laboratory information management systems (LIMS) and Atlas Medical, a leading provider of clinical process and connectivity solutions in the U.S..

These acquisitions, combined with Sunquest and Data Innovations, expand Roper’s portfolio of companies focused on diagnostic solutions excellence even further, creating a unique breadth of capabilities that support clinical testing processes and connectivity to systems, instruments and providers across the world.

“Our mission is to make healthcare smarter and patients safer. Laboratory test results inform the vast majority of patient diagnoses and care planning. As more patient care moves outside of the hospital, communities need access to lab information to accurately, cost-effectively and quickly provide patient care,” said Matthew Hawkins, president of Sunquest. “Sunquest, Data Innovations, CliniSys and Atlas share the same vision in creating solutions that promote patient safety, better outcomes, operational efficiency and financial growth.”
CliniSys is one of the largest European suppliers of laboratory information systems, providing comprehensive clinical laboratory and order communication systems to more than 2,000 laboratories in 34 countries. Completion of the CliniSys acquisition is dependent upon receiving approval from the competition authorities in Germany and the United Kingdom. Collaboration between Sunquest and CliniSys will not begin until formal approval is received.

“We have admired Roper’s and Sunquest’s growth and achievements in clinical solutions. Their market presence aligns perfectly with where we want to be on an international scale, and their passion for diagnostic solutions matches our own. We are excited and confident that this is the right move strategically for both our clients and employees,” said Fiona Pearson, chief executive officer of CliniSys Group.

Atlas offers clinical process integration and connectivity solutions. Atlas’s LabWorks platform connects diagnostic testing facilities to their customers and enables smart ordering, dramatically improved test utilization, and results reporting. Atlas also connects physicians and patients with lab test results via Atlas Physician Portal. Atlas is the industry leader in connecting laboratories to electronic health records (EHRs), Accountable Care Organizations (ACOs) and Health Information Exchanges (HIEs).

“Atlas is proud to be the newest member of the Roper family,” said Rob Atlas, chief executive officer of Atlas Medical. “Together with Sunquest and Data Innovations, we can connect community care givers with laboratories equipped with the most advanced clinical capabilities on the market.”

The companies will explore opportunities to use their respective technologies and employees to provide new products and benefits to customers. The acquisitions were announced on the October 26, 2015 Roper earnings call.

About Roper Technologies Inc.

Roper Technologies is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper designs and develops software (both software-as-a-service and licensed) and engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets worldwide. Additional information about Roper is available on the company’s website at www.ropertech.com.

About Sunquest Information Systems Inc.

Sunquest Information Systems Inc. provides diagnostic and laboratory information systems to more than 1,700 laboratories. For the past 30 years, Sunquest has delivered solutions that optimize financial results, enhance efficiency and improve the quality of patient care. The company’s pathology-focused mission, outreach awareness and point of care solutions establish Sunquest as a leader in the healthcare technology industry. Headquartered in Tucson, AZ, Sunquest also has offices in the United Kingdom and India. www.sunquestinfo.com

About CliniSys Group Ltd.

CliniSys provides laboratory information management solutions (LIMS) to more than 2,000 laboratories in 34 countries. CliniSys Group was founded in 1988 and is a leading provider of LIMS in the European market. CliniSys has more than 230 employees located at offices in England, Scotland, Belgium, France, Spain and Germany. CliniSys is headquartered in Chertsey, Surrey on the outskirts of London in the United Kingdom. www.clinisysgroup.com

About Atlas Medical

Atlas Medical is a trusted provider of industry leading, configurable software that is changing how healthcare is coordinated across the care continuum. Atlas solutions span the private and public health sectors, offering products and services that address diagnostic connectivity, clinical data interoperability and public health disease surveillance. With more than 25 years’ experience in pre- and post-analytic diagnostic testing workflow, Atlas provides its customers with peace of mind – delivering expertise and creative solutions to help solve their interoperability and business problems. Atlas’s cost-effective patient-centric outreach and clinical solutions include integrated CPOE for Laboratory, Radiology and other disciplines, a next-generation EMPI and patient centric repository for the care continuum, along with integration to support EMRs/EHRs, ACOs and HIEs.

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